I'm in the process of transferring my domestic home loan to a BTL Birmingham Midshires mortgage. I have been informed by my broker that I require a solicitor for this. I spoke to my former Heath Hayes conveyancing solicitor who dealt with the legals when I originally bought the premises. The fee calculation supplied of £575 plus disbursements has shocked me as its a remortgage than a sale or purchase.
The estimate does seem a tad overpriced. If you you were to look around you may be able to reduce the fees marginally by say £100 plus VAT. On the other hand, assuming were content with the conveyancing the firm provided you mightcome to rue opting for an a cheaper lawyer. Don't forget to check the solicitor can also act for Birmingham Midshires. Do employ our search tool to select a Heath Hayes conveyancing firm on the Birmingham Midshires conveyancing panel, which can often include conveyancing solicitors in Heath Hayes.
Do the conveyancing lawyers that you recommend handle auction conveyancing in Heath Hayes?
We know of a number of niche practitioners we can put you in touch with those who can conduct auction conveyancing. Heath Hayes is just one of hundreds of areas of in which our lawyers are based.
Just bought a detached house in Heath Hayes , how long should it take for the Land Registry to register my ownership? My Heath Hayes conveyancing solicitor works at snail pace, so I want to be certain the land registry aspects are concluded.
As far as conveyancing in Heath Hayes registration is no quicker or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timescales can adjust depending on the party submitting the application, whether it is in order and whether the Land registry communicate with any other parties. As of today approximately 80% of submission are fully dealt with within 12 days but occasionally there can be longer delays. Historically registration is effected after the new owner is living at the premises thus post completion formalities is not always primary concern but if it is urgent that the the registration takes place urgently then you or your lawyers must speak with the land registry and explain the circumstances.
How can the Landlord & Tenant Act 1954 affect my business premises in Heath Hayes and how can you help?
The 1954 Act provides a safeguard to commercial leaseholders, granting the a statutory right to make a request to court for a renewal tenancy and continue in occupation when the lease comes to an end. There are certain specified grounds where a landlord can refuse a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Heath Hayes is one of the many locations in which our lawyers are located
Last November I purchased a leasehold house in Heath Hayes. Do I have any liability for service charges relating to a period prior to my ownership?
Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Leasehold Conveyancing in Heath Hayes - Sample of Queries Prior to buying
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How many of the leaseholders are in arrears for their service charge payments? Many Heath Hayes leasehold flats will incur a service charge for maintenance of the block levied by the landlord. If you acquire the property you will have to meet this charge, normally quarterly throughout the year. This can differ from a couple of hundred pounds to thousands of pounds for buildings with lifts and large common areas. There will also be a ground rent to be met yearly, normally this is not a exorbitant figure, say approximately £25-£75 but you should to check as on occasion it could be prohibitively expensive.
Are you able to set out the variety of conveyancing supplied by Heath Hayes conveyancing practices?
For the most part Heath Hayes conveyancing solicitors will handle various legal advice to residential and agricultural land proprietors, sellers, first time buyers, landlords and tenants and you can expect them to do some of the following services:
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Standard residential sale conveyancing in Heath Hayes or wider afield
Domestic purchase conveyancing in Heath Hayes and nationwide
New and replacement mortgages Property investment and buying to Let New build including off-plan Unregistered land related matters